Indian Hotels Co. Ltd. · NSE:INDHOTEL

Indian Hotels — Jefferies 3rd India Forum 2024

36 slides from Indian Hotels's conference presentation, Sep 19, 2024

  1. Slide 1: Raising the Bar. Setting New Benchmarks.

    RAISING THE BAR. SETTING NEW BENCHMARKS. JEFFERIES 3rd INDIA FORUM | 19th September 2024 1

  2. Slide 2: Created to Make India Proud

    CREATED TO MAKE INDIA PROUD 120 YEARS LATER STILL SERVING THE DREAM WORLD'S INDIA'S STRONGE STRONGEST HOTEL BRAND 2 BRAND 2024 2022 2023 | 2022 | 2020

  3. Slide 3: India Growth Story: Fastest Growing Economy

    INDIA GROWTH STORY FASTEST GROWING ECONOMY Rank CY'27 GDP ($tr) 1 US US US US US US US US $31.5tr 2 JP JP CH CH CH CH CH CH $23.6tr 3 GR GR JP JP JP GR GR IN $5.4tr 4 UK UK GR GR GR JP IN GR $5.3tr 5 FR CH FR UK UK IN JP JP $4.9tr 6 CH FR CH FR IN UK UK UK $4.3tr 7 IT IT UK IN FR FR FR FR $3.5tr 8 C

  4. Slide 4: Strong Demographic Dividend: The Rise of Affluent India

    STRONG DEMOGRAPHIC DIVIDEND THE RISE OF AFFLUENT INDIA Population (mn) With Income > USD 10,000 Increase/Decrease in age (30-60) population by 2045 (% Change) 100 28 17 60 10 3 3 2 37 20 24 India Australia US Brazil UK Vietnam Thailand Europe China Japan Taiwan -14 -15 -18 2011 2015 2019 2023 2027E

  5. Slide 5: Premiumization Playing Out Across Sectors

    PREMIUMIZATION PLAYING OUT ACROSS SECTORS i-Phone shipments to India (Mn) UV vs PV demand profile % 10 28 34 39 49 52 7 57 5 4 72 66 61 2 2 51 48 43 CY18 CY19 CY20 CY21 CY22 CY23 2018 2019 2020 2021 2022 2023 Passenger Vehicles (incl. vans) SUVs Source: Company Annual Reports, Industry Reports Drama

  6. Slide 6: India a Land of Opportunities

    Srinagar Manali Dharamshala Katra Naggar Jammu Shimla Mussoorie INDIA A LAND OF Chandigarh Rishikesh Sirmaur Dibrugarh Tawang Itanagar Dehradun Nainital OPPORTUNITIES Udaipurwati Haridwar Binsar Corbett Pantnagar Darjeeling Pushkar Guwahati Kumbhalgarh 6 major mountain ranges Naukuchiatal spread acr

  7. Slide 7: India a Land of Opportunities

    INDIA A LAND OF OPPORTUNITIES 7,500+ km. of Coastline Kolkata 500+ beaches Dwarka Bharuch Raichak Vapi Puri Thane Mumbai Alibagh Vizag 80+ Candolim hotels Mangalore Chennai Havelock 30+ Kadmat Bekal Kumarakom Pondicherry locations Suheli Calicut Ernakulam Varkala Cochin Trivandrum Kollam Kovalam 7

  8. Slide 8: India a Land of Opportunities

    Vaishno Devi Srinagar INDIA A LAND OF Katra Dharamshala OPPORTUNITIES Amritsar Rishikesh Chandigarh Haridwar Vaishno Devi Mandir Ram Mandir, Ayodhya Golden Temple, Amritsar Gurugram New Delhi Tawang 3+ million Jaipur Vrindavan Agra Lucknow Ayodhya Pakyong Gangtok Guwahati Ajmer places of worship Gan

  9. Slide 9: India a Land of Opportunities

    INDIA A LAND OF OPPORTUNITIES Yashobhoomi, Dwarka Bharat Mandappam, New Delhi New Delhi Ahmedabad Presence in Tier – 1 Kolkata Cities – MICE Demand Mumbai Pune 75+ hotels Hyderabad Jio World Convention Taal Kutir, Kolkata 8 Centre, Mumbai Bangalore Chennai Metro cities of India 9

  10. Slide 10: Industry in an Upcycle: Long-Term Structural Tailwinds

    INDUSTRY IN AN UPCYCLE LONG-TERM STRUCTURAL TAILWINDS India’s Economic Growing Middle Rising Disposable Strong Demand FTA Recovery & Growth Class Incomes Growth Growth $7 Tn 31% → 38% ↑50% 10.6% 25 Mn DEMAND 3rd Largest Economy Of popn. from ‘24 to ’30 Disp. Income (‘24->’30) CAGR till 2027 from 10.

  11. Slide 11: IHCL Well Placed to Capitalize on Demand Across Segments

    IHCL WELL PLACED TO CAPITALIZE ON DEMAND ACROSS SEGMENTS 150 mn. Taj Palaces & Iconic High Properties 2 50 mn. Taj Product/ Service Offering 1 SeleQtions Medium Vivanta Ginger 1 Tree of Life 600 mn. Low 2 Gateway Low Medium High Price Positioning 11

  12. Slide 12: IHCL: A Story of Aspiration, Execution & Performance

    IHCL A STORY OF ASPIRATION, EXECUTION & PERFORMANCE ASPIRATION R.E.S.E.T. DURING AHVAAN 2022 COVID-19 2025 CONSISTENT EMERGING EXECUTION DELIVERING PERFORMANCE STRONGER RESULTS 12

  13. Slide 13: We Promised Profitability, We Delivered Record Performance

    WE PROMISED PROFITABILITY, WE DELIVERED RECORD PERFORMANCE 13

  14. Slide 14: IHCL's Transformation Journey 2017-2024

    IHCL’s TRANSFORMATION JOURNEY 2017-2024 P&L BALANCE SHEET BRANDSCAPE GROWTH MARKET CAP. # Portfolio 155 Rev. ₹ 4,000 Cr Net Debt ₹ 13,000 Cr Where We Were ₹ 3,000+ Cr # Operational 142 EBITDA 16.3% ₹ 13,000 Cr #Shareholders 1.4L in 2017 # Pipeline 13 ROCE 5% PAT (63 Cr) FII Holding 15% Capital Light

  15. Slide 15: We Promised a Re-imagined Brandscape, We Delivered Performance Across Brands

    WE PROMISED A RE-IMAGINED BRANDSCAPE, WE DELIVERED PERFORMANCE ACROSS BRANDS 15

  16. Slide 16: We Continued to Invest Strongly in Brand-Building

    WE CONTINUED TO INVEST STRONGLY IN BRAND-BUILDING 16

  17. Slide 17: Re-imagining Existing Brands, Introducing New Concepts

    RE-IMAGINING EXISTING BRANDS, INTRODUCING NEW CONCEPTS RE-IMAGINING EXISTING BRANDS Present across 9 flagship hotels Present in 60 hotels Delhi, Bhopal, Jaipur, London Cape Town, Dubai, London, Singapore INTRODUCING NEW CONCEPTS Mumbai, Delhi, Bangalore Goa, Bangalore Goa New Delhi 17

  18. Slide 18: Gateway Launched in a Fresh New Avatar

    GATEWAY LAUNCHED IN A FRESH NEW AVATAR 18

  19. Slide 19: Ginger Delivering Best-Ever Performance Consistently

    GINGER DELIVERING BEST-EVER PERFORMANCE CONSISTENTLY ₹ 486 Cr Revenues Growth of 34% YoY 68% Hotels now Lean Luxe 53% EBITDAR Margin (Lean Luxe) 1 pp Margin Expansion YoY All figures for FY24 19

  20. Slide 20: Qmin Showcasing Growth Across Formats

    QMIN SHOWCASING GROWTH ACROSS FORMATS Asset Light Growth: ₹ 100+ Cr GMV Key Imperatives FY 23-24 Qminization of Ginger 47% Strategic Alliances Delivery, Shops, QSR Delivery: Online & Offline Profitable Growth 53% Qmin in Ginger Hotels 20

  21. Slide 21: amã on a Growth Journey

    amã ON A GROWTH JOURNEY Poised to Hit 200+ 100+ Portfolio Operational 103 Signings (FY24) 200 114 40 Openings (FY24) 80 20 38 Mar'20 Mar'21 Mar'22 Mar'23 Mar'24 Operational Pipeline 21

  22. Slide 22: Re-imagined TajSATS Continues Delivering Record Performance

    RE-IMAGINED TajSATS CONTINUES DELIVERING RECORD PERFORMANCE All figures for FY24 ₹ 900 Cr 25.5% Revenues EBITDA Margin Growth of 5.8 pp 40% YoY Margin Expansion ₹ 230 Cr EBITDA 60% Market Share Growth of (by no. of meals) 82% YoY 22

  23. Slide 23: New Brands and Re-imagined Businesses Growing at 2x of Core

    NEW BRANDS AND RE-IMAGINED BUSINESSES GROWING AT 2x of CORE ENTERPRISE REVENUES New & Re-Imagined Businesses Enterprise Revenue Core Enterprise Revenue Growth YoY Growth YoY 35 % 17 % 23

  24. Slide 24: We Promised Growth, We Delivered Unprecedented Expansion

    WE PROMISED GROWTH, WE DELIVERED UNPRECEDENTED EXPANSION 24

  25. Slide 25: Portfolio Growth Achieved 340 Hotels Milestone

    PORTFOLIO GROWTH ACHIEVED 340 HOTELS MILESTONE 121 95 52 38 17 17 228 Operational + 112 Pipeline 340 As on 31st August 2024 25

  26. Slide 26: Focus on Global Prominence, Domestic Dominance

    FOCUS ON GLOBAL PROMINENCE DOMESTIC DOMINANCE 2 1 3 Chitwan Kathmandu Bhutan 2 180+ 1 1 Frankfurt London Hotels signed in last 6 years San 2 Francisco 1 Bahrain Riyadh 1 2 NYC 1 313 Dhaka Makkah 2 3 Colombo 1 Dubai 1 Lusaka 2 Bentota IHCL is now present in Maldives 4 Continents 90 1 Hotels opened in

  27. Slide 27: Highest-Ever Signings and Openings in a Single Year

    HIGHEST-EVER SIGNINGS AND OPENINGS IN A SINGLE YEAR 12 10 11 6 14 53 On an average, 1 new hotel signed every week in FY 2023-24 5 6 3 6 14 34 27

  28. Slide 28: Enabled by Focus on Culture

    ENABLED BY FOCUS ON CULTURE 28

  29. Slide 29: Living the IHCL Values: Tata Values

    LIVING THE IHCL VALUES TATA VALUES VALUES Excellence Trust Awareness Joy Integrity Unity Pioneering Responsibility 29

  30. Slide 30: Culture of Camaraderie Celebrating Spirit of Tajness

    CULTURE OF CAMARADERIE CELEBRATING SPIRIT OF TAJNESS 30

  31. Slide 31: Doing Business the Responsible Way

    DOING BUSINESS THE RESPONSIBLE WAY PRESERVE PROMOTE Heritage & Brand Environmental Stewardship PROGRESS PROMISE Sustainable Growth Social Responsibility PA R T N E R PRUDENT Transformation Corporate Governance 31

  32. Slide 32: Paathya Goals

    PAATHYA GOALS 2030 GOALS 100% 100,000 50% 100% Waste Water Youth Energy from Hotels Recycled / Reused Skilled for Livelihood Renewable Sources EarthCheck Certified 100% 100% 100% Hotels go Beyond Adoption of UNESCO’s Intangible Business Meetings & Single-Use Plastic Free Cultural Heritage projects i

  33. Slide 33: Paathya Milestones Achieved

    PAATHYA MILESTONES ACHIEVED Waste FY 23/24 UPDATE 100% elimination of single-use plastic 241 Tons of Plastic Saved through Glass Bottles, Bio-degradable Bathroom Amenities, Paper Straws Waste 100% operating hotels will have an organic waste management system 40 hotels have bottling plants to elimina

  34. Slide 34: Focus Areas Going Forward

    FOCUS AREAS GOING FORWARD Consistent Sustained Double-digit Portfolio Growth Topline Growth Strong Evolution of Brandscape Balance Sheet & Free Cash Flow New Businesses to deliver growth of 30%+ 34

  35. Slide 35: We Promised, We Delivered

    WE PROMISED WE DELIVERED Ahvaan Achieved Target Till Date ICONIC AND PROFITABLE HOSPITALITY COMPANY Margin 33% 33.7% RE-ENGINEER MARGINS RE-IMAGINE RE-STRUCTURE BRANDSCAPE PORTFOLIO Net Debt Zero Cash ₹ 2,200+ Crs CULTURE ONE TATA EXCELLENCE ORGANIZATION DIGITAL PAATHYA Portfolio 300+ 340 INTEGRITY,

  36. Slide 36: Raising the Bar. Setting New Benchmarks.

    RAISING THE BAR. SETTING NEW BENCHMARKS. JEFFERIES 3rd INDIA FORUM | 19th September 2024 36

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